Submitted by Joseph Stiglitz on September 10, 2006 - 10:53pm.
"Globalization can be changed; indeed, it is clear that it will be changed. The question is whether change will be forced upon us by a crisis or result from careful, democratic deliberation and debate. Crisis-driven change risks producing a backlash against globalization, or a haphazard reshaping of it, thus merely setting the stage for more problems later on. By contrast, taking control of the process holds out the possibility of remaking globalization, so that it at last lives up to its potential and its promise: higher living standards for everyone in the world. " Joseph Stiglitz